While it's clear that kids need chores, the role of allowance in a child's life may be less clear. One consistent finding from research is that providing an allowance typically undermines ...

The great allowance debate roars on, and may have moved to a whole new level with a personal-finance scholar’s recent assertion that a “regular, unconditional allowance may be akin to cruelty to ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Teaching your child the value of a ...

CHICAGO (WLS) -- Nearly 80 percent of parents say they pay their child an allowance, according to a T. Rowe Price survey. Should you be paying your kids and allowance and if so, how much and what ...

Inflation may be on most Americans’ minds while they’re at the grocery store and gas pump, but not when they’re doling out their kid’s allowance. While 29% of parents have increased their kids’ ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Maskot/Getty Images The majority of ...

Is allowance-flation happening in 2025? A new study has found the average kid is raking in up to $52 per month in allowance — $36 more than their parents did at the same age, adjusting for inflation.

Inflation may be on most Americans’ minds while they’re at the grocery store and gas pump, but not when they’re doling out their kid’s allowance. While 29% of parents have increased their kids’ ...